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American International Group

A collection of news and information related to American International Group published by this site and its partners.

Top American International Group Articles

Displaying items 23-33
  • AIG selling aircraft-leasing business for $5.4 billion to AerCap

    AIG selling aircraft-leasing business for $5.4 billion to AerCap
    AIG announced Monday it is selling its aircraft-leasing business International Lease Finance Corp. for $5.4 billion in cash and stocks to Netherlands-based AerCap Holdings.  The announced sale comes five years after American International Group first...
  • ETF that models billionaires' investments to launch in spring

    IBillionaire Inc., a company that models investments of the world's wealthiest people, plans to offer an exchange traded fund this spring that will allow the public to "invest like a billionaire," its top executive said Tuesday. After receiving about $1...
  • Former Treasury Secretary Timothy Geithner joins private equity firm

    WASHINGTON -- Former Secretary of the Treasury Timothy F. Geithner is becoming a financial industry executive, taking a high-level job with the private-equity firm Warburg Pincus, the firm announced Saturday. Geithner, who was a major player in the...
  • 5 years after financial crash, many losers -- and some big winners

    5 years after financial crash, many losers -- and some big winners
    Never let a crisis go to waste, says an old rule of politics. For some major players in the economy, the financial crisis that began five years ago this month with Lehman Bros.' collapse turned out to be as much an opportunity as a calamity....
  • Local firefighters hone skills to fight boat blazes

    Local firefighters hone skills to fight boat blazes
    Fighting fires on land has its risks, but tackling blazes on yachts, whether in the water or docked, presents its own challenges. That's what more than a dozen Fort Lauderdale and Davie firefighters learned Tuesday during specialized marine firefighting...
  • AIG to sell aircraft-leasing unit ILFC to AerCap for $5.4 billion

    Insurance giant American International Group Inc. announced it would sell a majority of its Century City aircraft-leasing unit to Netherlands-based AerCap Holdings, in a deal valued at $5.4 billion in cash and stock. The deal for International Lease...
  • BofA's legal costs mount in Countrywide mortgage fiasco

    NEW YORK — A federal judge will soon decide how much Bank of America should pay for some of Countrywide Financial Corp.'s sins in the lead-up to the financial crisis. Federal prosecutors want BofA to pay $864 million after the bank's stinging...
  • Cha-ching: Gov. candidates offer fund-raising details

     
    The old saying goes that the devil is in the details, and while that's a tired old maxim, it really does apply to the murky world of campaign finance. While Lucifer himself may not show up on anyone's year-end reports,......
  • Bernanke leaves legacy of stimulus and stagnation

    WASHINGTON — As Ben S. Bernanke walks away from the Federal Reserve's marble headquarters on the Mall after presiding over his last policy meeting Wednesday, he will leave behind a bittersweet legacy. On one hand, his unprecedented efforts to...
  • Treasury official tapped to lead Commodity Futures Trading Commission

     Treasury official tapped to lead Commodity Futures Trading Commission
    WASHINGTON — President Obama tapped a senior Treasury official to take over as one of Wall Street's top regulators, leading the agency charged with overseeing complex financial derivatives. Obama said Tuesday he would nominate Timothy Massad to...
  • Cummings calls for AIG's Benmosche to step down over comments

    Cummings calls for AIG's Benmosche to step down over comments
    WASHINGTON -- Rep. Elijah E. Cummings, the top-ranking Democrat on the House Committee on Oversight and Government Reform, called for the head of AIG to resign over comments he made comparing outrage over executive bonuses to lynchings that took place...